Compare Today’s Refinance Rates for Waterford, New York 12188
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Waterford, New York 12188.
With a 30-year amortization refinance in Waterford and surrounding areas of Albany county, our calculations show that you can expect to save up to $18,672 over the lifetime of your mortgage, or a monthly savings of $52. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Waterford, New York 12188.
Summary of Average Refinances in Waterford, New York 12188
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Interactive Refinance Rate Projections for Waterford, New York 12188
Pureloan has developed an interactive chart to monitor the five largest local lenders in Waterford, NY 12188, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Waterford, New York 12188 from 2024 - 2016
The following historical data provides insights into refinancing trends in Waterford, New York and the surrounding Albany county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed refinance | 33.33% | 46.51% | 44.13% | 36.41% | 49.25% | 52.78% | 41.10% | 32.20% | 30.30% |
| avg refi rate | 7.50% | 3.61% | 3.07% | 3.32% | 4.30% | 4.52% | 4.11% | 3.83% | 3.96% |
| % 15 year fixed refinance | 66.67% | 33.72% | 36.15% | 42.12% | 32.84% | 33.33% | 45.21% | 50.00% | 44.44% |
| avg refi rate | 5.94% | 2.88% | 2.50% | 2.77% | 3.69% | 3.67% | 3.01% | 2.90% | 3.11% |
| Avg credit score | 760.00 | 749.17 | 754.96 | 762.29 | 752.66 | 741.22 | 755.77 | 760.75 | 761.86 |
| Avg LTV (loan to value) | 66.33% | 65.74% | 71.79% | 73.80% | 72.09% | 70.06% | 74.55% | 74.01% | 73.30% |
| Avg DTI (debt to income) | 29.67 | 33.80 | 33.20 | 32.93 | 35.00 | 35.36 | 34.05 | 33.99 | 34.06 |
| Avg refinance insurance % | 10.00% | 1.28% | 3.50% | 4.76% | 5.13% | 6.31% | 5.04% | 5.73% | 6.12% |
Best Refinance Brokers around Waterford, New York 12188
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Waterford, New York 12188, we have compiled a list of top refinance brokers to assist you in the process.
James Parvis
Loan Officer
11 Computer Dr. West Suite 214
Albany, NY 12188
(518) 459-3239
jim@empowermortgagellc.com
K Crichlow
Loan Officer/Mortgage Consultant
427 NEW KARNER RD
ALBANY, NY 12188
(518) 452-4700
kcrichlow@firstratefunding.net
Mohammed Mehmood
Mortgage/Loan Consultant
427 New Karner Rd.
Albany, NY 12188
(518) 452-4700
MMehmood@firstratefunding.net
Steve Lerner
Mortgage/Loan Consultant
427 New Karner Rd.
Albany, NY 12188
(518) 452-4700
SLerner@firstratefunding.net
Kathy Golderman
Mortgage/Loan Consultant
427 New Karner Rd.
Albany, NY 12188
(518) 452-4700
kgolderman@firstratefunding.net
Address
11 Computer Dr. West Suite 214
Albany, NY
Contact
(518) 459-3239
Fax (301) 639-0804
jim@empowermortgagellc.com
Address
427 NEW KARNER RD
ALBANY, NY
Contact
(518) 452-4700
Fax (301) 639-0804
kcrichlow@firstratefunding.net
Address
427 New Karner Rd.
Albany, NY
Contact
(518) 452-4700
Fax (301) 639-0804
MMehmood@firstratefunding.net